Money Lobang

Discover Bank Money Market Account

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APYUp to 4.25% Image
Min. Deposit $2,500 Image

Last updated on 2023-08-11

Discover Bank Money Market Account Review

Pros Pros

Convenient online banking

No fees

24/7 phone support

Cons Cons

Lower APY for below $100,000 deposit

Only 1 physical branch in Greenwood, Delaware

Deposit Details Discover Bank Money Market Account APY

  Interest Rate
$0 to <$100k 4.20% APY
$100k & above 4.25% APY

 

Receive up to 4.25% APY on Discover Bank money market account

Interest is compounded daily and credited to account monthly

Minimum opening deposit of US$2,500

No minimum balance fees

No monthly fees

No insufficient funds fee

Standard checks

Official bank check

Expedited delivery for official bank checks

Debit Card

Withdrawals at over 60,000 ATMs nationwide

Limited to a combined total of 6 transfers or withdrawals per calendar month per account

 

Click here to go to Discover Bank website for more details

 

About Bank About Discover Bank

Discover Bank is a leading financial services company that is one of the largest credit card issuers in the country. It is mainly an online bank with 1 main physical branch in Greenwood, Delaware. Online banking is available via app or website for all customers.

Discover Bank can be contacted via mail, email or 24/7 phone support at 1-800-347-7000

Discover Bank is a member of FDIC which covers the deposits of a depositor to up to US$250,000

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Discover Bank Money Market Account Review

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